Sony and George Hotz have just announced the settlement of a lawsuit filed by the Japanese company in the US federal court in San Francisco. The official Playstation Blog is reporting that, although the parties came to an initial agreement on March 31 of this year, the final agreement results, in part, in Hotz consenting to a "permanent injunction."

Neowin has been following this story since it broke last February. The hacktivist group Anonymous has been actively 'campaigning' in retaliation. Anonymous issued a statement which said "Your recent legal action against our follow hackers, Geohot and Graf_Chokolo, has not only alarmed us, it has been deemed wholly unforgivable."

According to the Official Blog, both parties were satisfied that litigation had now been resolved, "Sony is glad to put this litigation behind us", Riley Russel, General Counsel for Sony Computer Entertainment America (SCEA) said. "our motivation for bringing this litigation was to protect our intellectual property and our consumers. We believe this settlement and the permanent injunction achieve this goal."

Hotz also issued a statement and said how it was never his "intention to cause any users trouble or to make piracy easier" and how he is now "happy to have the litigation behind" him. Sony took action against Hotz because he posted information about the security systems on the Playstation 3 and Sony claimed this could be used to bypass the protections and run pirated video games.

Russell added "We want our consumers to be able to enjoy our devices and products in a safe and fun environment and we want to protect the hard work of the talented engineers, artists, musicians and game designers who make PlayStation games."